As filed with the Securities and Exchange Commission on June 2, 2000
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8 - K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
DATE OF REPORT - MAY 25, 2000
Commission Registrant, State of Incorporation I.R.S. Employer
File Number Address and Telephone Number Identification No.
----------- ------------------------------------- ------------------
0-25595 NIAGARA MOHAWK HOLDINGS, INC. 16-1549726
(a New York corporation)
300 Erie Boulevard West
Syracuse, New York 13202
Telephone 315-474-1511
1-2987 NIAGARA MOHAWK POWER CORPORATION 15-0265555
(a New York corporation)
300 Erie Boulevard West
Syracuse, New York 13202
Telephone 315-474-1511
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Item 5. Other Events
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(a) On May 25, 2000, the New York State Department of Environmental
Conservation issued an air pollution notice of violation to Niagara Mohawk
Power Corporation ("Niagara Mohawk") regarding the operation of its two
formerly owned coal-fired generation plants (Huntley and Dunkirk). The
notice of violation was also issued to NRG Energy, Inc., the current
owner and operator of both plants. The notice alleges violations of the
federal Clean Air Act and the New York State Environmental Conservation Law
resulting from the alleged failure of the companies to obtain permits for
plant modifications and the alleged failure to install air pollution control
equipment. Niagara Mohawk is unable to predict whether or not the alleged
violations will have an adverse material effect on its financial position
and results of operation.
(b) On June 1, 2000, Niagara Mohawk Power Corporation issued a press release
regarding an announcement to auction their ownership interest in the Nine
Mile Point Unit 1 and Unit 2 nuclear plants. (Exhibit No. 99).
Item 7. Financial Statements and Exhibits
------------------------------------------
Exhibits - Following is the list of Exhibits furnished in accordance with
the provisions of Item 601 of Regulation S-K, filed as part of this current
report on Form 8-K.
Exhibit No. 99 - Press release issued on June 1, 2000 regarding an announcement
to auction Niagara Mohawk Power Corporation's ownership interest in the Nine
Mile Point Unit 1 and Unit 2 nuclear plants.
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NIAGARA MOHAWK HOLDINGS, INC. AND SUBSIDIARY COMPANIES
SIGNATURE
---------
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrants have duly caused this report to be signed on their behalf by the
undersigned thereunto duly authorized.
NIAGARA MOHAWK HOLDINGS, INC.
-----------------------------
(Registrant)
Date: June 2, 2000 By: /s/Steven W. Tasker
-----------------------------
Steven W. Tasker
Vice President-Controller and
Principal Accounting Officer,
in his respective capacities
as such
NIAGARA MOHAWK POWER CORPORATION
--------------------------------
(Registrant)
Date: June 2, 2000 By: /s/Steven W. Tasker
-----------------------------
Steven W. Tasker
Vice President-Controller and
Principal Accounting Officer,
in his respective capacities
as such
<PAGE>
EXHIBIT INDEX
-------------
Following is the index of Exhibits furnished in accordance with the provisions
of Item 601 of Regulation S-K, filed as part of this current report on
Form 8-K.
Exhibit No. 99 - Press release issued on June 1, 2000 regarding an announcement
to auction Niagara Mohawk Power Corporation's ownership interest in the Nine
Mile Point Unit 1 and Unit 2 nuclear plants.